Section 8 Fair Market Rent (FMR) for ZIP 44666 - 2027

Location: Wayne County, OH | Metro: Canton-Massillon, OH MSA

Investment Score for ZIP 44666

F
Monthly Rent (2BR)
$1,110
Median Price (2BR)
$191,005
1% Rule
0.58%
Annual Yield
6.97%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$770
1 Bedroom$870
2 Bedrooms$1,110
3 Bedrooms$1,380
4 Bedrooms$1,530
5 Bedrooms$1,775
6 Bedrooms$1,988
7 Bedrooms$2,147
8 Bedrooms$2,254

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,110 $191,005 0.58% F
3BR $1,380 $321,258 0.43% F
4BR $1,530 $456,300 0.34% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
3,247
Median Household Income
$101,310
Housing Units
1,269
Renter Percentage
14.3%
Occupancy Rate
93.6%
Renter Occupied
170

North Lawrence, OH, located in ZIP code 44666, stands out in Stark County due to its unique data signature. With a population of 3,247 residents, only 14.3% of whom rent their homes, it is predominantly a homeowner community. The median income here is $101,310, which is relatively high compared to many other areas in the county. This prosperity is further reflected in the median home value of $305,822.

The economic landscape for landlords and small-portfolio investors in North Lawrence is influenced by the Federal Market Rent (FMR) and the actual market rent. For fiscal year 2024, the FMR for ZIP code 44666 is set at $920. However, the Census ACS data indicates that the market rent in the area is slightly higher at $969. This suggests that landlords participating in the Section 8 program can expect a modest difference between the voucher amount and the actual market rate when renting properties in this ZIP code.

Based on the data signature, North Lawrence appears to be a stable community. The low percentage of renters combined with a high median income and home values indicates a mature housing market where most residents own their homes and have the financial means to do so. This stability is likely to continue, making it an attractive location for those interested in long-term real estate investments.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.